Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal - 2023

Contents:

  1. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (CIF) - 2022
  2. Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (FOB) - 2022
  3. Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal
  4. Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (CIF) - 2022

In 2022, the average import price for cocoa beans; whole or broken, raw or roasteds amounted to $3,115 per ton, with an increase of 1.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 9.6%. As a result, import price reached the peak level of $3,269 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($9,410 per ton), while the price for Liberia ($2,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced a decline.

Price for Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (FOB) - 2022

The average export price for cocoa beans; whole or broken, raw or roasteds stood at $15,031 per ton in 2022, dropping by -5.8% against the previous year. Overall, the export price, however, saw perceptible growth. The pace of growth was the most pronounced in 2020 an increase of 131% against the previous year. Over the period under review, the average export prices attained the maximum at $16,104 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($17,556 per ton), while the average price for exports to Mozambique ($3,524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal

Imports of cocoa beans; whole or broken, raw or roasteds into Portugal skyrocketed to 265 tons in 2022, jumping by 45% on 2021. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cocoa beans; whole or broken, raw or roasteds surged to $825K in 2022. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain27527431753524.8%
LiberiaN/AN/AN/A1400%
Peru1138.821.156.6-20.6%
Sao Tome and Principe14.90.812.940.940.0%
Netherlands12.879.919134.038.5%
France83.25.54.23.6-64.9%
Others13.211.013.014.73.7%
Total51338055982517.2%

Top Suppliers of Cocoa Beans; Whole or Broken, Raw or Roasted to Portugal in 2022:

  1. Spain (172.7 tons)
  2. Liberia (62.7 tons)
  3. Sao Tome and Principe (13.7 tons)
  4. Netherlands (7.3 tons)
  5. Peru (6.0 tons)
  6. France (0.4 tons)

Exports of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal

In 2022, overseas shipments of cocoa beans; whole or broken, raw or roasteds decreased by -22.7% to 2.8 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 149%. As a result, the exports reached the peak of 3.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cocoa beans; whole or broken, raw or roasteds fell rapidly to $41K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 476% against the previous year.

Export of Cocoa Beans; Whole or Broken, Raw or Roasted in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9.118.621.013.213.2%
FranceN/A20.119.411.1-25.7%
IrelandN/A6.06.611.035.4%
Czech RepublicN/A4.04.12.1-27.5%
GermanyN/AN/A1.31.623.1%
MozambiqueN/AN/AN/A1.00%
OthersN/A3.84.41.4-39.3%
Total9.152.456.841.465.7%

Top Export Markets for Cocoa Beans; Whole or Broken, Raw or Roasted from Portugal in 2022:

  1. Spain (815.0 kg)
  2. France (635.0 kg)
  3. Ireland (632.0 kg)
  4. Mozambique (275.0 kg)
  5. Germany (160.0 kg)
  6. Czech Republic (152.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cocoa beans; whole or broken, raw or roasted - Portugal